Occupied Retail Center with Development
57675 29 Palms Highway Yucca Valley, CA 92284
For Sale
Contact for pricing
17,338 SF shopping center with development potential in Yucca Valley.
Property Size17,338 SF
Lot Size1.27 Acres
Price / SF$292.88
Days on Market168
Property Features for 57675 29 Palms Highway
General Information
- Standard status
- Active
- Size
- 17,338 SF
- Lot size
- 1.27 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2014
Listing Agency:
CBRE - Orange County
(949) 769-4855
Listed By:
David Swerdlow · License #02104458
Source:
Crexi
Added: Feb 9
Changed: Jul 10
Last Checked: Jul 26 at 7:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Orange County
Investment Insights
Based on property information with market context.
The Warren Vista Center is a 17,338 SF shopping center that is 100% occupied. The center features a mix of medical, office, and restaurant tenants. It is shadow-anchored by ALDI, providing a daily draw to the center. The property has stable tenancy with recent leasing activity and long-term occupancy. Yucca Family Medical Care has operated at the center for over 10 years and accounts for approximately 70% of the base rent. In 2023, Yucca Family Medical Care signed a 10-year lease renewal and in 2024 signed a new lease to occupy two additional suites. The offering presents an opportunity to add value and income through the development of the 1.27-acre pad. This pad has an existing CUP for commercial uses and is graded, with all utilities to the property line. The property has a weighted average lease term remaining (WALT) of 6.53 years. The Warren Vista Center is located along Twentynine Palms Hwy, with over 28,000 cars per day. Tenants within a 1-mile radius of the property include Stater Bros, Tractor Supply, Walgreens, Big 5 Sporting Goods, Dollar Tree, Starbucks, McDonalds, Vons, Ross, US Bank, and Chipotle.
Key Highlights
- 100% Occupied Retail Center with Stabilized Tenancy: Provides immediate income.
- Strong WALT: 6.53 years weighted average lease term remaining ensures stable long‑term income.
- Future Pad Development Potential: 1.27‑acre pad with existing CUP, utilities, and grading offers value‑add opportunity.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $374.5k | $21.60 |
| − Vacancy | −$19.5k | −$1.12 |
| EGI | $355.0k | $20.48 |
| − OpEx | −$106.5k | −$6.14 |
| NOI | $248.5k | $14.33 |
17,338 SF · lease $21.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.55M
$3.11M – $4.14M
NOI $248,519 @ 7.0% cap · market cap 4.89%
Second Best
Office B
$2.92M
$2.55M – $3.40M
NOI $204,075 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$3.66M
$3.20M – $4.27M
NOI $256,004 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sobero Pablo MD
Physician
Batin John
Medical Clinic
Hi-Desert Star
Newspaper & Magazine
29 Yum Bagel
(Bike/Boat/Book/etc) Store
Yucca Family Medical ...
Medical Clinic
Similar Off Market Nearby
- Park Hill Plaza — 57533 29 Palms Hwy, Yucca Valley, CA 92284
- Coinstar Kiosk | Bitcoin ATM — Stater Bros, 57075 29 Palms Hwy, Yucca Valley, CA 92284
- Coinstar Kiosk | Bitcoin ATM — Safeway, 57590 29 Palms Hys, Yucca Valley, CA 92284
- Coinstar Kiosk — stater bros., 57075 29 palms hwy, yucca valley, ca 92284
- Coinstar Kiosk | Bitcoin ATM — 57590 29 Palms Hys, Safeway, 57590 29 Palms Hwy, Yucca Valley, CA 92284
FAQs
What type of property is this?
Shopping center - 17,338 SF shopping center with development potential in Yucca Valley.
Where is this shopping center located?
The property is located at 57675 29 Palms Highway Yucca Valley, CA.
What is the asking price?
The asking price for this property is $5,078,000.
What are key features of this property?
This property features: 100% Occupied Retail Center with Stabilized Tenancy: Provides immediate income.; Strong WALT: 6.53 years weighted average lease term remaining ensures stable long‑term income.; Future Pad Development Potential: 1.27‑acre pad with existing CUP, utilities, and grading offers value‑add opportunity.
